What franchise can I buy for 100k?

What franchise can I buy for 100k?

Prospective franchisees need to show that they have the required funds to fund up to 5 or more kfc stores. One store costs in the region of R5. 5 million.

What is the most profitable franchise in South Africa?

The franchise fee to become a KFC franchise owner is $45,000, with an estimated startup costs totals ranging between $1.2 million and $2.5 million. A 5% royalty fee on gross monthly receipts is paid to the company.

How much is a McDonald’s franchise?

Most McDonald's owner/operators have entered the corporation by purchasing an existing restaurant. To open a McDonald's franchise, however, requires a total investment of $1-$2.2 million, with liquid capital available of $750,000. The franchise fee is $45,000.

How much is a Pick n Pay franchise?

Woolworths stopped offering franchise opportunities in 2010, but Spar and Pick n Pay franchise opportunities are available. Opening a Pick n Pay franchise costs in the region of R10 million, and a KWIKSPAR Spar between R6 to R7 million.

Who owns the McDonald’s franchise in South Africa?

In March 2011, Ramaphosa, who is the founder of the Shanduka Group, received a 20-year agreement to run 145 McDonald's restaurants in South Africa. Under the agreement Ramaphosa owned all McDonald's assets in South Africa, including property.

How much does it cost to buy a franchise in South Africa?

Franchisees are also expected to have initial working capital of R100,000 (4.35%). Steers states that you can expect to pay approximately between R1. 7 million – R2. 5 million in set up costs when first starting up a franchise.

How much do McDonald’s franchise owners make South Africa?

McDonald's – from R4 million. Chicken Licken – from R4. 8 million. Roman's Pizza – from R2.